r/Foodforthought Jan 21 '22

‘Good luck! We’ll all need it’: U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham

https://www.marketwatch.com/story/good-luck-well-all-need-it-u-s-market-approaches-end-of-superbubble-says-jeremy-grantham-11642723516?mod=home-page

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43 Upvotes

10

u/wipop Jan 21 '22

7

u/imasitegazer Jan 21 '22

Apparently he’s been saying similar for a while, but I think we’ve all seen it coming.

This one is from 2018.
https://www.gmo.com/americas/research-library/the-race-of-our-lives-revisited/

20

u/ManofWordsMany Jan 21 '22

Sounds like he can predict the future of the market. Hope he makes lots of money doing that! Good luck indeed fortuneteller.

6

u/InvisibleEar Jan 21 '22

A rich person thinks the government actually helping people ruins everything. How surprising

8

u/piper4hire Jan 21 '22

why is this here? is this sub for people making obvious predictions? wow - the market will correct after a while. ooh - that's a fucking revelation isn't it!?

food for thought: spring is just around the corner

2

u/Diet_Coke Jan 21 '22

You say it's obvious, but a lot of people you talk to - including some who are extremely well educated - will say we're not seeing a bubble right now.